Morning Video: Districts In 28 States Face Ballooning Bond Payments

This California Watch report shows how more than a thousand districts in 28 states are using a new kind of bond financing that makes building cheap in the present but extremely expensive when it comes to paying off the debt. Roughly 400 CA districts have borrowed $9B but will have to pay back $36B.

You can follow this conversation by subscribing to the comment feed for this post.